Egypt · Automotive startup
Egypt · Shift EV
Shift EV is an electric mobility technology startup based in Cairo, Egypt, focused on electrifying commercial vehicle fleets in emerging markets.
Funding reportedLast round: Undisclosed round
About Shift EV
Shift EV is an electric mobility technology startup based in Cairo, Egypt, focused on electrifying commercial vehicle fleets in emerging markets.
Founded in 2019 by Aly El Tayeb and Amr Helmy, the company aims to accelerate the transition to electric vehicles (EVs) by using its proprietary "Electrofitting" technology. This process converts fossil-fuel-powered vehicles into electric ones quickly and cost-effectively, making it easier for businesses to meet sustainability goals. The company offers a range of services, including custom lithium-ion battery pack design, retrofitting of various vehicle types, and integration of charging infrastructure. Shift EV's product lineup includes electric minivans and pickup trucks, as well as ShiftWare, a fleet management software that monitors fleet performance and provides electrification proposals. Shift EV primarily serves commercial fleets in logistics and government sectors, with notable clients such as Danone, Nestlé, and Carrefour. The company has raised $9 million in Series A funding to support its growth and expansion across the MENA region and beyond.
What company datasets say Shift EV raised
Funding, as reported
Founders and team
From Shift EV's own website: 1 founder, 4 on the team.
- Ahmed HosnyVP of Engineering
- Mayada AlayatHead of Procurement
- Rasha HegazyHead of Commercial Operations
- John KamelPlant Director
On 2 portfolio pages
Investors who name them
Each firm lists Shift EV on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.
The company, in detail
What they build
Known for
business transformationgreen logisticsclean energy & technologyfleet optimizationelectric vehicle retrofitdistributionreduced downtimemanufacturingelectrofittingscalable solutionsurban logistics electrificationcommercial ev solutionselectric mobility battery technologyscalable ev solutionsbattery technologysustainability solutions
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- Sector
- Automotive
- Industry code
- NAICS 33639, 336320, 335910, 811111, SIC 3711
- Region
- Giza Governorate
- Revenue
- 2M a year, as listed
- Full record
- Every detail in the company directory
Automotive in Egypt
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